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of the uncertainty. tax policy, if you talk to any tax expert, really what you need are not temporary tax cuts, because no investor, no businessperson makes decisions based on the next few months, but you need a permanency and certainty. >> we will have certainty no matter what, though, right? when we get through the election, hopefully we have an answer to the fiscal cliff no matter what happens. >> i've actually full confidence if mitt romney gets elected and what i can't understand is anybody who thinks that the president, who said no to bowles-simpson, did nothing vis-a-vis the fiscal cliff, asked for a clean bill attached to the debt ceiling, how anybody thinks he can show some leadership and get that done when he's had four years to do it, i don't understand the logic. >> and he was the man that actually authorized and pushes bowles-simpson and then did nothing with it. >> you don't see romney embracing bowles-simpson at the moment either? >> i don't think he's embracing that but i think something similar to bowles-simpson. >> we'll talk more about this. julian and emil will be with us f
portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. s sds. >>> good morning and welcome back to sidewalk squawk here on cnbc. it is the headlines, a two-day shutdown is over. i've missed it a little bit. >> you've missed the market? >> there's something about being a business reporter and having no stock trading that makes me wish that there was stock trading again, isn't there? >> i'm actually eager for earnings to pick back up again, which is kind of crazy. >> that is really warped. plenty of news for investors to react to when trading begins later this morning. for now, walt disney is buying lucas films, the company that brought the world "star wars" for a little over $4 billion is what they're paying in cash and stock. the deal means that new "star wars" films, starring with "star wars episode 7" will be disne
't in the bidding process. >> i think the tax city probably stopped and looked at that sweater and said this guy has cash. this guy has money and -- >> the first four cabs must have thought i didn't because they went right by me. i'd say i'm going to jersey just across the bridge and they would say nope. >> i had a suit on. >> no, but this -- this is not just a sweater. that's like an $800 number or -- >> no. >> i know fashion, too, i just can't afford it. anyway, theres. >> thank you, guy. we appreciate it. >> thank you. >> some don't have zippers on them. >> time for the global markets report. kelly evans is standing by and london. kelly, what have you got today? >> as you've been discussing, the johns report, basically traders are on hold waiting for that release anne frankly, it's not even the jobs report today, it's the election tuesday. it's a lot of the eurozone meetings coming up which really have their attention and has people a little bit nervous about making big news. so europe stoxx 600 up about 0.2%. quick look at the major bourses. you'll see they're actually for the most part to the d
for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> welcome back to "squawk box" on this monday morning. we're covering hurricane sandy and its effect on the financial markets this morning. let's get you up to speed on what you need to know about the markets and the storms. the big board had been planning to keep electronic trading open but then reversed that decision in the evening last night. futures trading is taking place this morning. cme group is running overnight future session until 9:15 a.m. ea but then they're going to shut down for the day after that. dow component pfizer is among companies that canceled earnings reports this morning. however, the government is planning to release personal income and spending data for september as scheduled. that comes at 8:30 a.m. eastern. we'll of
week, ford said they expected to beat that. 40 cents per share, 2.2 billion pre-tax. couple numbers, revenue 30.2 billion dollars a hair under what the street was expecting at $30.9 billion. the strength for ford and why they finished better than expected north america. you look at north america $2.3 billion is what ford earned in north america in the third quarter, profit margin highest of any quarter in the company's history in north america, 12% overall profit margin at 6.3%. coming up on "power lunch" we'll talk with cfo bob shanks about the impact this storm has had on the dealerships and the auto industry in the new york area. >> they beat in the earnings by ten cents, higher than expected, the revenue light. is it all about the profit margins in north america, that's where they made up that ground? >> north america is what really drove it, becky, and they had a strong finish to the quarter. i asked what are you seeing with the strength in north america? $300 million more in volume, $400 million more in terms of pricing and cost contributions including $400 million from hedgin
Search Results 0 to 4 of about 5